Small Business Red Tape Relief Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 7963 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 7963 To amend title 31, United States Code, to require FinCEN to submit to Congress a quarterly report on certain beneficial ownership data. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 11, 2024 Mr. Nunn of Iowa (for himself and Mr. Cuellar) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend title 31, United States Code, to require FinCEN to submit to Congress a quarterly report on certain beneficial ownership data. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Small Business Red Tape Relief Act of 2024''. SEC. 2. QUARTERLY REPORT ON CERTAIN BENEFICIAL OWNERSHIP DATA. Section 5336(b) of title 31, United States Code, is amended by adding at the end the following: ``(7) Quarterly report on certain beneficial ownership…